Retirement plan

CHILDRENS PRIMARY CARE MEDICAL GROUP, INC. RETIREMENT SAVINGS PLAN

Name: CHILDRENS PRIMARY CARE MEDICAL GROUP, INC. - CHILDRENS PRIMARY CARE MEDICAL GROUP, INC. RETIREMENT SAVINGS PLAN (2019) Form 5500
Creator: CHILDRENS PRIMARY CARE MEDICAL GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CHILDRENS PRIMARY CARE MEDICAL GROUP, INC. RETIREMENT SAVINGS PLAN, CHILDRENS PRIMARY CARE MEDICAL GROUP, INC.

CHILDRENS PRIMARY CARE MEDICAL GROUP, INC.EIN 33-0662258Plan #002PY 2019

3880 MURPHY CANYON RD., STE. 200 - SAN DIEGO, CA 92123858-502-1103

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$67.1M

+25.5% from 2018

Total participants

175

+18.2% from 2018

Average account balance

$385,375

+6.8% from 2018

Annual return

28.35%

+33.32 pp from 2018

Benchmarks

See 5,342 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,342 peers

Snapshot2019

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$117.69M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$607K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

194

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

98.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.54M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$34K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+17.35%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$1221

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 4 by compensation

Provider	Service type	Compensation
SAGEPOINT FINANCIAL INC5+ years Filed as: SAGEPOINT FINANCIAL Service code 26 2800 N. CENTRAL AVE. SUITE 2100 · PHEONIX, AZ 85002	Advisory (Participants)	$49,755
SAN DIEGO PENSION CONSULTANTS5+ years Filed as: SAN DIEGO PENSION CONSULTANTS, INC Service code 16 5628 COPLEY DRIVE · SAN DIEGO, CA 92111	Consulting	$15,139
JOHN HANCOCK LIFE INSURANCE COMPANY2 years Service code 15 · EIN 01-0233346	Recordkeeping	$152
ALDRICH WEALTH LIMITED PARTNERSHIP2 years Filed as: ALDRICH CPAS AND ADVISORS Service code 10 7676 HAZARD CENTER DRIVE, #1300 · SAN DIEGO, CA 92108	Accounting	$0

Plan features & details

Pension benefit codes2A2E2F2J2K3D2T

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$113K

$758 / participant

Investment mgmt$50K44.0%
Contract admin$70K62.1%

% of EOY assets

0.169%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: ALDRICH CPAS & ADVISORS LLP
Auditor EIN: 930623286
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$385,375

$52,961+627.7%

$172,752+123.1%

$65,185+491.2%

Participation rate

99.3%

66.2%+33.1pp

82.6%+16.7pp

70.2%+29.1pp

Annual return

28.35%

30.12%-1.8pp

802.97%-774.6pp

29.38%-1.0pp

Employer contribution / active EE

$12,033

$2,190+449.4%

$5,144+133.9%

$2,177+452.8%

Participant deferral / active EE

$12,905

$2,471+422.2%

$5,198+148.3%

$3,514+267.3%

Admin fee / account holder

$649

$472+37.6%

$13,955-95.3%

$847-23.3%

Provider

Service type

Compensation

SAGEPOINT FINANCIAL INC5+ years

Filed as: SAGEPOINT FINANCIAL

Service code 26

2800 N. CENTRAL AVE. SUITE 2100 · PHEONIX, AZ 85002

Advisory (Participants)

$49,755

SAN DIEGO PENSION CONSULTANTS5+ years

Filed as: SAN DIEGO PENSION CONSULTANTS, INC

Service code 16

5628 COPLEY DRIVE · SAN DIEGO, CA 92111

Consulting

$15,139

JOHN HANCOCK LIFE INSURANCE COMPANY2 years

Service code 15 · EIN 01-0233346

Recordkeeping

$152

ALDRICH WEALTH LIMITED PARTNERSHIP2 years

Filed as: ALDRICH CPAS AND ADVISORS

Service code 10

7676 HAZARD CENTER DRIVE, #1300 · SAN DIEGO, CA 92108

Accounting

CHILDRENS PRIMARY CARE MEDICAL GROUP, INC. RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CHILDRENS PRIMARY CARE MEDICAL GROUP, INC. RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion